Question : What is the full form of NEFT?

Option 1: National Electronic Funds Transfer

Option 2: National Electronic Financial Transaction
 

Option 3: National Electronic Fund Transfer

Option 4: National Electronic Finance Transaction

Question : What is the full form of NEFT?

Option 1: National Electronic Funds Transfer

Option 2: National Electronic Financial Transaction
 

Option 3: National Electronic Fund Transfer

Option 4: None of the above

Question : The ___________ system allows banks to settle their interbank transactions electronically.

Option 1: Real-time gross settlement (RTGS)

Option 2: Automated Teller Machine (ATM)

Option 3: Point of Sale (POS)

Option 4: National Electronic Funds Transfer (NEFT)